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Robust December for Canadian Furniture and Building Supply Sales

Canadian retail furniture store sales in December 2020 increased 5.0% over the same month in 2019 to $1.1 billion (CAD). This rise was recorded despite sales dropping 9.5% compared to November due to increased pandemic lockdowns. Building material stores jumped 19.9% in December to $4.0 billion but saw a 2.3% decline from November.  Overall Canadian

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NAS Issues Report Critical of EPA’s TSCA Chemical Review

The National Academies of Science (NAS) this week issued a report critical of the “systematic review” approach used by EPA in 2018 for assessing, under the Toxics Substances Control Act (TSCA), the risks to human health and the environment posed by high priority chemicals.  In December 2019, EPA requested that NAS provide an analysis of

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CPA Advocates for Federal Infrastructure Legislation

CPA was a signatory to a U.S. Chamber of Commerce-coordinated letter sent to Congress this week addressing the need to enact infrastructure legislation by July 4.   The U.S. Chamber-led group was formed earlier this year to leverage the interest of the Biden administration in passing sweeping infrastructure legislation as a means of enhancing economic growth

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U.S. Housing Starts Drop in January

U.S. housing starts in January were at a seasonally adjusted annual rate of 1.58 million, down 6.0% from the revised December 2020 estimate and 2.3% below the comparable month in 2020. Single-family housing starts decreased 12.2% from December to 1.16 million. U.S. building permits in January were at a seasonally adjusted annual rate of 1.88

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U.S. Builder Confidence Down in February

U.S. builder confidence for new single-family homes in February rose 1 point from January to 84 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component measuring current sales conditions stayed even in February at 90 and sales expectations for the next six months lost 3 points from January

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Robust December for Canadian Furniture and Building Supply Sales

Canadian retail furniture store sales in December 2020 increased 5.0% over the same month in 2019 to $1.1 billion (CAD). This rise was recorded despite sales dropping 9.5% compared to November due to increased pandemic lockdowns. Building material stores jumped 19.9% in December to $4.0 billion but saw a 2.3% decline from November.  Overall Canadian

Read More »

NAS Issues Report Critical of EPA’s TSCA Chemical Review

The National Academies of Science (NAS) this week issued a report critical of the “systematic review” approach used by EPA in 2018 for assessing, under the Toxics Substances Control Act (TSCA), the risks to human health and the environment posed by high priority chemicals.  In December 2019, EPA requested that NAS provide an analysis of

Read More »

CPA Advocates for Federal Infrastructure Legislation

CPA was a signatory to a U.S. Chamber of Commerce-coordinated letter sent to Congress this week addressing the need to enact infrastructure legislation by July 4.   The U.S. Chamber-led group was formed earlier this year to leverage the interest of the Biden administration in passing sweeping infrastructure legislation as a means of enhancing economic growth

Read More »

U.S. Housing Starts Drop in January

U.S. housing starts in January were at a seasonally adjusted annual rate of 1.58 million, down 6.0% from the revised December 2020 estimate and 2.3% below the comparable month in 2020. Single-family housing starts decreased 12.2% from December to 1.16 million. U.S. building permits in January were at a seasonally adjusted annual rate of 1.88

Read More »

U.S. Builder Confidence Down in February

U.S. builder confidence for new single-family homes in February rose 1 point from January to 84 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component measuring current sales conditions stayed even in February at 90 and sales expectations for the next six months lost 3 points from January

Read More »
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